# Norfolk Southern Revenue

NYSE: NSC · Reporting currency: USD

[Interactive page](https://beanvest.com/stock/nsc/revenue) · [JSON with these options](https://beanvest.com/stock/nsc/revenue.json?range=5Y&deductSbc=false&limit=200&offset=0&frequency=quarterly&wacc=7.7) · [Raw filing inputs](https://beanvest.com/api/v2/financials/nsc)

Frequency: quarterly. Newest first. Retrieved: 2026-10-22T17:56:12.331Z.
Coverage: 2009-09-30 to 2026-09-30. Rows 1–69 of 69.
Snapshot checked: 2026-10-19T21:59:30.430Z. Last validated: 2026-10-24T10:05:10.325Z.

## Definitions

- **Total revenue** (`total_revenue`, USD_millions): Reported consolidated revenue from the issuer filing. Each observation identifies its accounting concept; bank net revenue is net of interest expense when that concept is reported.

## Values

| Period | End date | Total revenue (USD_millions) |
| --- | --- | --- |
| 2026-Q3 | 2026-09-30 | 3526 |
| 2026-Q2 | 2026-06-30 | 3465 |
| 2026-Q1 | 2026-03-31 | 2998 |
| 2025-Q4 | 2025-12-31 | 2974 |
| 2025-Q3 | 2025-09-30 | 3103 |
| 2025-Q2 | 2025-06-30 | 3110 |
| 2025-Q1 | 2025-03-31 | 2993 |
| 2024-Q4 | 2024-12-31 | 3024 |
| 2024-Q3 | 2024-09-30 | 3051 |
| 2024-Q2 | 2024-06-30 | 3044 |
| 2024-Q1 | 2024-03-31 | 3004 |
| 2023-Q4 | 2023-12-31 | 3073 |
| 2023-Q3 | 2023-09-30 | 2971 |
| 2023-Q2 | 2023-06-30 | 2980 |
| 2023-Q1 | 2023-03-31 | 3132 |
| 2022-Q4 | 2022-12-31 | 3237 |
| 2022-Q3 | 2022-09-30 | 3343 |
| 2022-Q2 | 2022-06-30 | 3250 |
| 2022-Q1 | 2022-03-31 | 2915 |
| 2021-Q4 | 2021-12-31 | 2852 |
| 2021-Q3 | 2021-09-30 | 2852 |
| 2021-Q2 | 2021-06-30 | 2799 |
| 2021-Q1 | 2021-03-31 | 2639 |
| 2020-Q4 | 2020-12-31 | 2573 |
| 2020-Q3 | 2020-09-30 | 2506 |
| 2020-Q2 | 2020-06-30 | 2085 |
| 2020-Q1 | 2020-03-31 | 2625 |
| 2019-Q4 | 2019-12-31 | 2690 |
| 2019-Q3 | 2019-09-30 | 2841 |
| 2019-Q2 | 2019-06-30 | 2925 |
| 2019-Q1 | 2019-03-31 | 2840 |
| 2018-Q4 | 2018-12-31 | 2896 |
| 2018-Q3 | 2018-09-30 | 2947 |
| 2018-Q2 | 2018-06-30 | 2898 |
| 2018-Q1 | 2018-03-31 | 2717 |
| 2017-Q4 | 2017-12-31 | 2669 |
| 2017-Q3 | 2017-09-30 | 2670 |
| 2017-Q2 | 2017-06-30 | 2637 |
| 2017-Q1 | 2017-03-31 | 2575 |
| 2016-Q4 | 2016-12-31 | 2490 |
| 2016-Q3 | 2016-09-30 | 2524 |
| 2016-Q2 | 2016-06-30 | 2454 |
| 2016-Q1 | 2016-03-31 | 2420 |
| 2015-Q4 | 2015-12-31 | 2518 |
| 2015-Q3 | 2015-09-30 | 2713 |
| 2015-Q2 | 2015-06-30 | 2713 |
| 2015-Q1 | 2015-03-31 | 2567 |
| 2014-Q4 | 2014-12-31 | 2870 |
| 2014-Q3 | 2014-09-30 | 3023 |
| 2014-Q2 | 2014-06-30 | 3042 |
| 2014-Q1 | 2014-03-31 | 2689 |
| 2013-Q4 | 2013-12-31 | 2881 |
| 2013-Q3 | 2013-09-30 | 2824 |
| 2013-Q2 | 2013-06-30 | 2802 |
| 2013-Q1 | 2013-03-31 | 2738 |
| 2012-Q4 | 2012-12-31 | 2684 |
| 2012-Q3 | 2012-09-30 | 2693 |
| 2012-Q2 | 2012-06-30 | 2874 |
| 2012-Q1 | 2012-03-31 | 2789 |
| 2011-Q4 | 2011-12-31 | 2797 |
| 2011-Q3 | 2011-09-30 | 2889 |
| 2011-Q2 | 2011-06-30 | 2866 |
| 2011-Q1 | 2011-03-31 | 2620 |
| 2010-Q4 | 2010-12-31 | 2392 |
| 2010-Q3 | 2010-09-30 | 2456 |
| 2010-Q2 | 2010-06-30 | 2430 |
| 2010-Q1 | 2010-03-31 | 2238 |
| 2009-Q4 | 2009-12-31 | 2106 |
| 2009-Q3 | 2009-09-30 | 2063 |

## Sources

- [sec-0000702165-1e39cce9e127](https://data.sec.gov/api/xbrl/companyfacts/CIK0000702165.json) · Retrieved 2026-10-22T17:56:12.331Z · SHA-256 1e39cce9e1272a8703da3a11c2df8133f844bedd381ae72257d2f6aef6934c8c
- [inline-0000702165-14f534f7dcdb](https://www.sec.gov/Archives/edgar/data/702165/000162828026006268/nsc-20251231.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 14f534f7dcdb835dbbd1001261ef0c0fc73bf781b5e4362d3fa912591e85010c
- [inline-0000702165-79238cf9e5d9](https://www.sec.gov/Archives/edgar/data/702165/000070216524000005/nsc-20231231.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 79238cf9e5d9c84f582b86cedfc3865d42ebd28118a9e712a25679d1405bfe2b
- [inline-0000702165-e8e34414b28b](https://www.sec.gov/Archives/edgar/data/702165/000162828026066836/nsc-20260930.htm) · Retrieved 2026-10-22T17:56:12.331Z · SHA-256 e8e34414b28bf8d075b48321f19893616e9967123b3ec9fac955a63d33184e23
- [sec-0000702165-19e2b893fa81](https://data.sec.gov/api/xbrl/companyfacts/CIK0000702165.json) · Retrieved 2026-09-28T07:37:41.538Z · SHA-256 19e2b893fa81e7209a06aa2c2c327b0ca912a9a6bcb5c535439c80475eed4759

## Data conventions

- Null means an unavailable input or undefined calculation, never zero. Values are unrounded; money and shares are in millions unless a column states otherwise.
- Fiscal periods use actual reporting start/end dates. Annual reported values are not constructed by adding quarterly EPS or weighted share counts. Partial years are labelled.
- FCF uses operating cash flow minus reported cash capital investment, preferring PPE purchases. The productive-assets fallback can also include software and intangibles. Acquisitions and noncash leases are excluded. Deduct SBC is an optional economic-cost scenario; missing SBC remains unavailable.
- SBC / FCF and SBC / OCF compare amounts from the same fiscal period. SBC / FCF always uses FCF before SBC deduction; nonpositive denominators are undefined and values above 100% remain valid.
- Capital allocation percentages describe available tracked cash uses, not all company spending or a fraction of OCF. Missing categories remain null, negative payments are excluded and SBC is noncash. Annual shares use reported annual amounts.
- Valuation uses completed, split-adjusted closes without dividend adjustment and a complete trailing year. Financial bases become eligible after publication; selected facts can contain later restatements. This is not a vintage-filings backtest.
- Mean and median use all valid observations in the selected date range before pagination. Historical pricing labels compare the latest positive value with its own median and do not estimate intrinsic fair value.
- Reporting currencies are retained without conversion. USD market capitalization, where available, is a separate dated Nasdaq snapshot.
- WACC is an editable US industry scenario across history, not a historical company cost of capital. Industry exclusions, missing inputs and pending filings remain explicit.